Nike is losing market share to its rival Adidas.
Steady: 0 in the last 7 days
Updated oct 7
The latest in this situation
How it started
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Nike is losing market share to its rival Adidas.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Ole Miss is changing its apparel outfitter from Nike to Adidas.Sub-event
Nike's strategic failure in online sales is allowing competitors to gain market share.1 source
Nike reports a good quarter amid intense competition with Adidas.1 source
Adidas gained ground against Nike as competitors captured market share.1 source
- Nike is facing market share erosion due to competition from Adidas.
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The entities involved
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Adidas AG
German multinational corporation
Nothing else this week.
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Nike
American athletic equipment company
Related events
- Nike, PayPal, and Nvidia are struggling in the market as consumer sentiment shifts between tech and apparel.
- Nike is expanding its global presence in football ahead of the World Cup.
- Nike is facing sales decline in Greater China, while CEO Elliott Hill leads the company's turnaround effort.
- Rising competition from Nike, Adidas, and Athleta has spooked investors regarding Lululemon's market position.
- Nike partners with FSN E-Commerce Ventures Ltd to drive traction and exclusive product drops.
Coverage
Newest first; wire copies grouped- fool.com
- samaa.tv
- forbes.com
- Unknown outlet